Seriously; the AT&T monopoly -> "now anyone can get a cheap cell phone" "example" is particularly historically deaf. Does Thiel not realize that the two largest cell providers, making up 66% of the market (AT&T and Verizon), are direct descendants of the baby Bells that the government split up in antitrust action? And that the only reason there are still 4 significant players at all (leading to barely-acceptable service pricing) is because the US government intervened and blocked the purchase of T-Mobile by AT&T, and later Sprint? Much as I love the market, there's no way you can credit it for maintaining the bare minimum level of competition in the cell service industry we have today.